Headlines about Cinemark (NYSE:CNK) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cinemark earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.1906069779327 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Cinemark Holdings, Inc. (CNK) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Cinemark Holdings (CNK) Shares Cross Above 200 DMA (nasdaq.com)
- How AMC’s new subscription service compares to MoviePass and its competitors (finance.yahoo.com)
- Head Back to ‘The Sandlot’ as the Timeless Family Comedy Celebrating Baseball and Childhood Returns to U.S. Cinemas for 25th Anniversary July 22 and 24 Only (finance.yahoo.com)
- AMC hits back at MoviePass with $20/month subscription (finance.yahoo.com)
A number of analysts have issued reports on the company. ValuEngine downgraded Cinemark from a “hold” rating to a “sell” rating in a report on Wednesday, May 9th. Royal Bank of Canada set a $43.00 price target on Cinemark and gave the stock a “buy” rating in a report on Tuesday, April 3rd. Wedbush set a $47.00 price target on Cinemark and gave the stock a “buy” rating in a report on Friday, May 4th. Barrington Research reaffirmed a “buy” rating and set a $49.00 price target on shares of Cinemark in a report on Friday, March 2nd. Finally, Moffett Nathanson raised Cinemark from a “sell” rating to a “neutral” rating and set a $35.00 price target for the company in a report on Thursday, April 5th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Cinemark currently has an average rating of “Hold” and an average target price of $42.05.
Shares of Cinemark opened at $35.79 on Friday, according to Marketbeat. Cinemark has a 1 year low of $32.03 and a 1 year high of $44.00. The company has a quick ratio of 1.48, a current ratio of 1.53 and a debt-to-equity ratio of 1.37. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 15.84, a price-to-earnings-growth ratio of 1.13 and a beta of 0.95.
Cinemark (NYSE:CNK) last posted its earnings results on Wednesday, May 9th. The company reported $0.53 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.11). Cinemark had a net margin of 8.24% and a return on equity of 17.72%. The firm had revenue of $780.00 million during the quarter, compared to analysts’ expectations of $758.47 million. During the same period in the previous year, the firm posted $0.68 earnings per share. The firm’s revenue for the quarter was up .1% on a year-over-year basis. equities research analysts expect that Cinemark will post 2.15 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, June 22nd. Stockholders of record on Friday, June 8th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend was Thursday, June 7th. Cinemark’s payout ratio is currently 56.64%.
Cinemark Company Profile
Cinemark Holdings, Inc, together with its subsidiaries, engages in the motion picture exhibition business. It operates theatres in the United States, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao, and Paraguay. As of December 31, 2017, the company operated 533 theatres and 5,959 screens.
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